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Samsung Chairman loses $1.2 billion in 2 days
short by Twishy Shahi / on Saturday, 15 October, 2016
Lee Kun-hee, Chairman of the Samsung Group, lost $1.2 billion in two days from his net worth after the company announced to end sales of Galaxy Note 7 on Tuesday. The South Korean business magnate's net worth fell from $15 billion to $13.8 billion after Samsung's shares slumped almost 8% following the recall.
read more at Bloomberg